Gatik raises $200M to scale AI-powered autonomous freight

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Gatik's fourth funding round arrives with credible operational metrics: 85,000 fully driverless deliveries completed, a 99% on-time rate, and trucks already running commercial routes in Texas, Arizona, Arkansas, and Canada. The $200M round was led by Qatar Investment Authority and Koch Disruptive Technologies, with ARK Invest, Millennium Management, and Intact Private Capital also participating. The company's immediate target is modest—exceeding 100 autonomous trucks by end of 2026—but its longer-term ambition is thousands. What has changed most meaningfully is the move from fixed, predictable short loops (the original Loblaw routes in Toronto were under 10 miles) to dynamic route orchestration spanning up to 400 miles with dozens of pickup and drop-off points, as seen in PepsiCo deployments. Gatik positions itself in middle-mile freight—between warehouses, distribution centers, and retail locations—rather than last-mile consumer delivery. This is a deliberate bet that fixed-infrastructure commercial customers offer more contractual predictability than consumer logistics, which is reflected in the $600M contracted revenue figure.